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Dec 16, 2012
12/12
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this will create thousands of u.s. jobs in the hardest-hit industries on jobs that cannot be of course using materials that are 90% made in the usa energy efficiency is unique in that it creates its own cash flow. it pays for itself. there are significant barriers that prevent this from being harvested more efficiency -- more efficiently. one is to begin -- and this is akin to building power plants. we know how to finance power plants. they supply predictable amounts of energy and utility can easily raise capital. however we lack the same capital for energy efficiency even notice understood to be the most cost-effective resource for meeting our needs. the energy efficiency efforts equate to a resource greater than any other source in the country. greater than nuclear, natural gas or coal. this is a great example policy that can move the -- this provides incentive to home owners to increase -- the greater the incentive, i the savings. transitioning allows for business model metrology and creates a system to reward innov
this will create thousands of u.s. jobs in the hardest-hit industries on jobs that cannot be of course using materials that are 90% made in the usa energy efficiency is unique in that it creates its own cash flow. it pays for itself. there are significant barriers that prevent this from being harvested more efficiency -- more efficiently. one is to begin -- and this is akin to building power plants. we know how to finance power plants. they supply predictable amounts of energy and utility can...
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Dec 24, 2012
12/12
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eye 124
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at the u.s. government is an insurance company with an army. when we talk about the insurance company part, we are talking about medicare and social security, and to some degree medicaid. those are programs that benefit the middle class and the poor, mainly through retirement. the other thing that people talk about, those are very small parts in the federal budget compared to medicare and social security. really, is not a question of needing to cut these programs. it is that they are growing more quickly than the economy, larger than they have been in the past, and what we need to decide as a nation is, are willing to pay substantially higher taxes than we have in the past to pay for these programs? if we want to keep our current tax burdens, we need to figure out how to reduce those programs. medicare -- we are not talking about reducing benefits over the long term. we have a health care system over all that grows more quickly than the economy. economists do not have one reason why that happens. they are looking for all the reasons why that ha
at the u.s. government is an insurance company with an army. when we talk about the insurance company part, we are talking about medicare and social security, and to some degree medicaid. those are programs that benefit the middle class and the poor, mainly through retirement. the other thing that people talk about, those are very small parts in the federal budget compared to medicare and social security. really, is not a question of needing to cut these programs. it is that they are growing...
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Dec 11, 2012
12/12
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on c-span 3, an examination of some of the fiscal problems facing state governments live from the u.s. chamber of commerce at 9:00 eastern. up next, today's headlines and calls live on "washington journal." in about 45 minutes, we will continue to look at the so- called fiscal cliff and the budget cuts that take place in january. after that, we will examine the po
on c-span 3, an examination of some of the fiscal problems facing state governments live from the u.s. chamber of commerce at 9:00 eastern. up next, today's headlines and calls live on "washington journal." in about 45 minutes, we will continue to look at the so- called fiscal cliff and the budget cuts that take place in january. after that, we will examine the po
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Dec 17, 2012
12/12
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caller: the u.s. territories, do they applied to them guest: they apply to all of federated territories as well. in some areas, there are statutory minimum amounts that have to be provided to those territories. host: if you like to join the conversation and talked to david maurer about a homeland security grants to states, here are the numbers to call. what formula did the grant programs follow went looking to get out the money? what do they have to do? guest: it varies from program to program, but generally speaking, as a first cut, dhs takes into consideration the risk. in other words, it wants to provide the money more toward portions of the country where there is a greater risk of attack or natural disaster. secondly, we look at capabilities. how capable are the state and local governments already. those that are less capable should get additional funding. and third, they look of the types of project that we are applying -- but they are applying for. the state and local governments do not apply un
caller: the u.s. territories, do they applied to them guest: they apply to all of federated territories as well. in some areas, there are statutory minimum amounts that have to be provided to those territories. host: if you like to join the conversation and talked to david maurer about a homeland security grants to states, here are the numbers to call. what formula did the grant programs follow went looking to get out the money? what do they have to do? guest: it varies from program to program,...
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Dec 18, 2012
12/12
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CNBC
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it operates 1700 convenience stores in primarily small towns in the u.s. in the past i've been hesitant to recommend the stock because it faces margin pressures and it's up against a lot of competition. however, casey's had a nice run after a report of a solid quarter and the company could be reevaluating itself and maybe turn itself into a real estate investment trust. plus november same-store sales were strong. company's store remodeling, cost containment efforts starting to flow through to the bottom line. i think the current valuation is an intriguing entry point. i could see the stock trading up to 60, ten points above where it is now. sure, we'd like to see more of a return sign, but you know what? if you want to make a bet on casey's comeback, you can start a position, small position, right here. don't overstay your welcome if the stock does go to 60. let's me say this. all these ideas show me, once again, that we have the smartest viewers in the world who bring these to my attention. send someone a twitter was giving me heat, how could you not know
it operates 1700 convenience stores in primarily small towns in the u.s. in the past i've been hesitant to recommend the stock because it faces margin pressures and it's up against a lot of competition. however, casey's had a nice run after a report of a solid quarter and the company could be reevaluating itself and maybe turn itself into a real estate investment trust. plus november same-store sales were strong. company's store remodeling, cost containment efforts starting to flow through to...
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Dec 5, 2012
12/12
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the u.s. grks d.p., sustaining more than 13 million jobs. this legislation authorizes funding levels for both the coast guard and the reserve that provide for increased funding levels in fiscal years 2013 and 2014 over the fiscal years 2012 level. i believe it is funding levels in the bill do remain insufficient to address the documented needs of the coast guard, the coast guard has been asked to do more with less and i'm afraid their own choice in this time of budget uncertainty is to do less with less and that's just wrong. while i prefer these levels to be higher, i understand these funding levels are the best under the constraints. we must be aware that funding levels under this legislation are absent any consideration what will be needed to address the estimated $260 million in damages to coast guard facilities in the northeast as a result of hurricane sandy. these costs will be addressed in future, i assume. i want to highlight as well this legislation contains several provision that is
the u.s. grks d.p., sustaining more than 13 million jobs. this legislation authorizes funding levels for both the coast guard and the reserve that provide for increased funding levels in fiscal years 2013 and 2014 over the fiscal years 2012 level. i believe it is funding levels in the bill do remain insufficient to address the documented needs of the coast guard, the coast guard has been asked to do more with less and i'm afraid their own choice in this time of budget uncertainty is to do less...
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Dec 22, 2012
12/12
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they want the u.s. economy to be stronger as quickly as possible, because it means there will be able to continue to export. as much as they're trying to move from an export driven economy to a more domestic consumption based economy, they will still rely heavily on exports. the more americans are working, the more money they have in their pockets, the more they will be shopping in stores, and so much of what they buy is made from many other countries, including china. the healthier the u.s. economy is, the more that china will export. that means jobs for the chinese people. >> when you talk to leaders, how much are they actually were it about united states? -- worried about united states? >> i think united states is incredibly important to china, and recognize that. not only in very practical ways, but in another way, more psychological. there is a 150 year history were china has been trying to check itself up in big shin itself upr status. there is this lingering psychological mindset of china being v
they want the u.s. economy to be stronger as quickly as possible, because it means there will be able to continue to export. as much as they're trying to move from an export driven economy to a more domestic consumption based economy, they will still rely heavily on exports. the more americans are working, the more money they have in their pockets, the more they will be shopping in stores, and so much of what they buy is made from many other countries, including china. the healthier the u.s....
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147
Dec 9, 2012
12/12
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also tomorrow, a look at how u.s. debt, slow economic growth and the retirement of baby boomers could impact the global and economic future of the united states. from the american enterprise institute doug join us live at 5:30 p.m. eastern also here on c-span. >> we are at the new york state museum. this is our galley that is dedicated to the history of september 11 and the attacks at the world trade center. we decided with the gallery to tell the story for the first moments of the attacks using objects from the world trade center site. this is a piece of steel from the south tower. we put it in a place where the public can and should come and touch it. it gives it a real tangible experience. this is a piece of steel from the north towers. this is a dramatically bent piece of steel. this is within 10 floors of the impact of 9/11 on the north tower. again, you can see the openings where the windows would have been and this metal strip would have held the aluminum clad on the front of the building. each piece of steel i
also tomorrow, a look at how u.s. debt, slow economic growth and the retirement of baby boomers could impact the global and economic future of the united states. from the american enterprise institute doug join us live at 5:30 p.m. eastern also here on c-span. >> we are at the new york state museum. this is our galley that is dedicated to the history of september 11 and the attacks at the world trade center. we decided with the gallery to tell the story for the first moments of the...
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54
Dec 27, 2012
12/12
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host: if the u.s. government and american taxpayers go over the so called "fiscal cliff" what do you foresee for? the for? guest: the fiscal cliff is going to shave off about 4% of gdp, so that the national economic growth. currently is growing about 2%. you can do very simple mathematics. and we are back in a recession. we can anticipate 1 million or 2 million net job losses in 2013. it will be difficult for the housing market to continue its momentum without jobs. so we hope that this cliff can be averted. host: when you look at negotiations going on in washington, does your association have a favorable path towards achieving the fiscal cliff? guest: a $1 trillion budget deficit we have been running annually, that is unsustainable. something needs to be addressed. the shrinking of the time. we have, one has to get something done quickly and then a grand bargain as to get done in the springtime to fundamentally address the long- term budget deficit. but we have to get over the short-term obstacle. we'
host: if the u.s. government and american taxpayers go over the so called "fiscal cliff" what do you foresee for? the for? guest: the fiscal cliff is going to shave off about 4% of gdp, so that the national economic growth. currently is growing about 2%. you can do very simple mathematics. and we are back in a recession. we can anticipate 1 million or 2 million net job losses in 2013. it will be difficult for the housing market to continue its momentum without jobs. so we hope that...
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Dec 23, 2012
12/12
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CSPAN
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eye 114
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at the u.s. government is an insurance company with an army. when we talk about the insurance company part, we are talking about medicare and social security, and to some degree medicaid. those are programs that benefit the middle class and the fourpo mainly through retirement. the other thing that people talk about, those are very small parts in the federal budget compared to medicare and social security. really, is not a question of needing to cut these programs. it is that they are growing more quickly than the economy, larger than they have been in the past, and what we need to decide as a nation is, are willing to pay substantially higher taxes than we have in the past to pay for these programs? if we want to keep our current tax burdens, we need to figure out how to reduce those programs. medicare -- we are not talking about reducing benefits over the long term. we have a health care system over all that grows more quickly than the economy. economists do not have one reason why that happens. they are looking for all the reasons why that h
at the u.s. government is an insurance company with an army. when we talk about the insurance company part, we are talking about medicare and social security, and to some degree medicaid. those are programs that benefit the middle class and the fourpo mainly through retirement. the other thing that people talk about, those are very small parts in the federal budget compared to medicare and social security. really, is not a question of needing to cut these programs. it is that they are growing...
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Dec 13, 2012
12/12
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the bottom line is the u.s. congress and this white house are very disjointed, because the american public is very disjointed. when the american public -- this is a town that is responsive to what their voters tell them. people don't come here and say i will disagree totally with what my constituency tells me to do. once in awhile we would hope when it requires leadership because they get more from patients and their constituents that they rise to the occasion. but i think what is important if we are going to get to that point of these five things that need to be done in order to pull the country forward, more people need to talk about. having him on this panel enunciating those four or five things is important. it is a campaign that needs to be waged, that allows people -- probably in the centers of all political parties, however many that is these days, to have that conversation. it is a lonely center. to be able to have that conversation, to enunciate it. it is something that needs to be talked to and explain
the bottom line is the u.s. congress and this white house are very disjointed, because the american public is very disjointed. when the american public -- this is a town that is responsive to what their voters tell them. people don't come here and say i will disagree totally with what my constituency tells me to do. once in awhile we would hope when it requires leadership because they get more from patients and their constituents that they rise to the occasion. but i think what is important if...
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Dec 30, 2012
12/12
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watch live coverage of the u.s. house tomorrow here on c-span. >> more news on the fiscal cliff negotiations. according to the hill, president obama monitor talks from the white house and has indicated he would support legislation that would raise taxes on those who earn more than $400,000. harry reid has scheduled a democratic caucus meeting for tomorrow afternoon to discuss any potential deals. minority leader mitch mcconnell says he would do the same period in the house, speaker john boehner has said the senate must act first on legislation to avoid the so-called fiscal cliff. >> tomorrow on washington journal, the latest on the so- called fiscal cliff. with local columnist -- with roll call columnist. followed by a look at president obama's cabinet for a second term. our guest is david jackson. then a look at what is next. we are joined by michael gordon. washington journal, live at 7:00 eastern on c-span. >> tomorrow on newsmaker, indiana rep elect luke messer. he will talk about the 130 congress and his priori
watch live coverage of the u.s. house tomorrow here on c-span. >> more news on the fiscal cliff negotiations. according to the hill, president obama monitor talks from the white house and has indicated he would support legislation that would raise taxes on those who earn more than $400,000. harry reid has scheduled a democratic caucus meeting for tomorrow afternoon to discuss any potential deals. minority leader mitch mcconnell says he would do the same period in the house, speaker john...
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Jan 1, 2013
01/13
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CSPAN
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one of the things i would like to pretend that is in 2012 the u.s. would actually develop a u.s. policy. some of this will develop this natural gas so and these unconventional things. >> a year relaxed about this whole a certain sum of the industry happening so fast. in the other part of the world there is the misgivings about this. >> relax is not the word i would have chosen chris has become an extraordinarily contentious issue. one of the reasons it has been contentious is because they're in packs. too often up until now many companies have tonight there are any impacts. the communities see their water contaminated not necessarily buy tractors but by spills on the surface. the cement casings i. they see their what you're getting contaminated. -- they see their what you're getting contaminated. i visited in pennsylvania 30 minutes out of pittsburgh as part of president obama appointed seven of us to chart a safe path forward. i had a woman who said she was forced to abandon her family farm because of the noxious emissions from the neighboring wells. her son in order to continue
one of the things i would like to pretend that is in 2012 the u.s. would actually develop a u.s. policy. some of this will develop this natural gas so and these unconventional things. >> a year relaxed about this whole a certain sum of the industry happening so fast. in the other part of the world there is the misgivings about this. >> relax is not the word i would have chosen chris has become an extraordinarily contentious issue. one of the reasons it has been contentious is...
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Dec 21, 2012
12/12
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the typical u.s. army private, including men and women serving us in afghanistan today, married with a newborn infant, will see a $453 increase in taxes as a result of republican plan b. 25 million families will pay an average of $1,000 or more, so that 402,000 families who make over $1 million could get an average tax break of $50,000. that is the tax part of the republican plan. and we are here today, right now, he talking about the cutting part of the republican plan. i think all of us recall, during the election, the republican presidential candidate said, and i quote, 47% of the people will vote for the president, no matter what. he went on to say, "and so my job is not to worry about these people." the republican sequestered cutting plan is making an those promises come true. it sends a signal that republican colleagues do not care about the 47%, because do you know who gets hit? here is what it would do. by the way, this is a recycled version. we have virtually the same version last spring. we
the typical u.s. army private, including men and women serving us in afghanistan today, married with a newborn infant, will see a $453 increase in taxes as a result of republican plan b. 25 million families will pay an average of $1,000 or more, so that 402,000 families who make over $1 million could get an average tax break of $50,000. that is the tax part of the republican plan. and we are here today, right now, he talking about the cutting part of the republican plan. i think all of us...
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Dec 23, 2012
12/12
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the u.s. economy is at stake here. millions upon millions of families are counting on us to do something. it is the president's job. it is his job to find a solution that can pass the congress. he is the only one who can do it. this is not john boehner's problem to solve. he has done his part. he has bent over backwards. mr. president, how about rallying the party around a solution? how about getting the democrats to find a solution? we cannot solve the problems we face unless and until the president of united states finds the will or develops the ability to lead. this is a moment that calls for presidential leadership. that is the way out of this. it is that simple. does anybody wonder why we keep going from crisis to crisis around here? does anybody notice a pattern? this does not have to be a crisis. this was an opportunity. once again, the president ignored it. he went out and held rallies and give partisan speeches even after it already been reelected. it is obvious this poinat this point that the president wants
the u.s. economy is at stake here. millions upon millions of families are counting on us to do something. it is the president's job. it is his job to find a solution that can pass the congress. he is the only one who can do it. this is not john boehner's problem to solve. he has done his part. he has bent over backwards. mr. president, how about rallying the party around a solution? how about getting the democrats to find a solution? we cannot solve the problems we face unless and until the...
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201
Dec 25, 2012
12/12
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the u.s. will have a relationship with the new egypt but it will not be the relationship of a client state that we saw with's the minority -- hosni mubarak or on war said sadat. is the changing relationship in the country like pakistan after the osama bin laden raid and in states like yemen. they look over the horizon that bahrain and say, we do not want that. host: one of the papers this morning has a story taking a look at the change in leadership in specific countries in asia and highlighting what is going on in north korea, south korea, and japan. what does that prove for the administration? guest: you can put north korea in the same category as japan and south korea. they have taken power and have produced leaders but are still checked by the open society and by the democratic political system. kim jong un is the son of kim jong il who died about a year ago. to say he is a hawk misses the point. he is a tyrant. he continues to sell arms to countries like iran and build their nuclear progr
the u.s. will have a relationship with the new egypt but it will not be the relationship of a client state that we saw with's the minority -- hosni mubarak or on war said sadat. is the changing relationship in the country like pakistan after the osama bin laden raid and in states like yemen. they look over the horizon that bahrain and say, we do not want that. host: one of the papers this morning has a story taking a look at the change in leadership in specific countries in asia and...
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123
Dec 21, 2012
12/12
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u.s. dot and fda provided critical support. the ministry was personally involved in getting specialized breakers from chicago for service. but with path operating at less than full strength on partial schedules, and as new jersey transit continues its efforts to restore service, commutes are still badly disrupted. what normally was a 45-minute ride has now doubled or worse as commuters displaced seek alternative transit. those with late evening shifts are still bearing the burden of limited service, having to rely on late-night bus is to make their way home. we continue to rebuild and repair across our network, but as the case of the state of new york and new jersey, the port authority will need the federal government's health. we're not at full strength and we have endured hundreds of millions of dollars of damage. electric substation 7 patched together with parts. parts are offering -- operating on a manual lock, with communicators by radio while the signaling systems are under repair. to bring the system that will require hu
u.s. dot and fda provided critical support. the ministry was personally involved in getting specialized breakers from chicago for service. but with path operating at less than full strength on partial schedules, and as new jersey transit continues its efforts to restore service, commutes are still badly disrupted. what normally was a 45-minute ride has now doubled or worse as commuters displaced seek alternative transit. those with late evening shifts are still bearing the burden of limited...
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147
Dec 31, 2012
12/12
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LINKTV
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eye 147
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the u.s. is still very important. we are expecting growth of about 2%. if the u.s. goes off of this book with and you have very weak growth, that will be a huge dent in the global outlook and will have transmission of sex to the rest of the global economy at that time when the eurozone is still in recession in japan has also slid into recession. the risk is that this negotiation process could be protracted. i think president obama is proposing the concept of a fallback option, which would at least deliver some of the extension of the tax cuts and also unemployment benefits, which is very important. if the unemployment benefits cease after the first of january, that has an immediate impact on expenditure in the u.s. on about 2 million unemployed people. i think he is going to try to put together a skeleton deal to at least bridge the gap while negotiations continue. u.s. secretary of state -- >> u.s. secretary of state hillary clinton has been taken to hospital. she suffered a concussion earlier this month. she is being treated with blood thinning medication and she
the u.s. is still very important. we are expecting growth of about 2%. if the u.s. goes off of this book with and you have very weak growth, that will be a huge dent in the global outlook and will have transmission of sex to the rest of the global economy at that time when the eurozone is still in recession in japan has also slid into recession. the risk is that this negotiation process could be protracted. i think president obama is proposing the concept of a fallback option, which would at...
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Dec 13, 2012
12/12
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. >> when you are dealing with the u.s. and federal government, you get everything that comes along with that. the paperwork is just awful, if you start with the mayor, they can make things happen. as soon as you get to the federal government. this has been going on for a long time. >> i just want to make it perfectly clear, it is a lot better than 9/11. we were working with 12,000 businesses directly impacted by that disaster in new york. today is a cakewalk in all honesty. i can't think of a situation where we did not help every small business at that point of perfection. there is going to be a lot of businesses needing help and we are struggling with that. we are trying to come up with the resources. the request for the 60 billion, it does include the ability to extend this effort. it will not be a one-year or two-year situation. they probably won't come back for five years. >> i will conclude with this. i agree that this recovery is not going to take place unless the small businesses recover. congress is not going to he
. >> when you are dealing with the u.s. and federal government, you get everything that comes along with that. the paperwork is just awful, if you start with the mayor, they can make things happen. as soon as you get to the federal government. this has been going on for a long time. >> i just want to make it perfectly clear, it is a lot better than 9/11. we were working with 12,000 businesses directly impacted by that disaster in new york. today is a cakewalk in all honesty. i can't...
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133
Dec 14, 2012
12/12
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the u.s. what is going to change? guest: the nation is projected to grow at a slower pace over the next 38 years. the population will continue to age. that the nation is projected to become more diverse in growth, minority population, and decrease in population. host: look at these numbers. 420 million -- how do face the demand of that growing population? education, health care? guest: that is a perfect question for bill. guest: it really is a slower growth than we have been used to for a long time. about a 34% growth rate over those 48 years. we have been going on about 10% a decade. we'll get used to slower growth with a new minority population filling in at the bottom of the slow-growing part of the age distribution. and older population that is growing rapidly. we have to deal more with minority integration and social inequality and issues with the new americans. host: so aging growing slowly and more diverse. we have divided our phone lines by region. host: you can also join us honor twit
the u.s. what is going to change? guest: the nation is projected to grow at a slower pace over the next 38 years. the population will continue to age. that the nation is projected to become more diverse in growth, minority population, and decrease in population. host: look at these numbers. 420 million -- how do face the demand of that growing population? education, health care? guest: that is a perfect question for bill. guest: it really is a slower growth than we have been used to for a long...
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Dec 11, 2012
12/12
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eye 74
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i rise here to ask for the immediate release of u.s. marine john hammer, who has been imprisoned by mexican authorities since august where for a time he was being shack willed to his bed. lance corporal hammer is an outstanding young american combat veteran who took every reasonable step to ensure that he was safely and legally transporting the anti-firearm that he inherited from his great-grandfather and he spoke with our own custom and border patrol agents who assured him he would be fine as long as he registered it with mexican authorities. once in mexico, john attempted to register his old-fashioned sears and roebuck shotgun and was immediately arrested as if he were a gun runner. i'm calling on our state department to act swiftly to get john released and i'm calling on our department of homeland security to explain how their agents could have given john this wrong instruction. john has suffered enough. let's bring him home to his family where he rightly belongs in time for christmas. thank you, mr. speaker. the speaker pro tempore:
i rise here to ask for the immediate release of u.s. marine john hammer, who has been imprisoned by mexican authorities since august where for a time he was being shack willed to his bed. lance corporal hammer is an outstanding young american combat veteran who took every reasonable step to ensure that he was safely and legally transporting the anti-firearm that he inherited from his great-grandfather and he spoke with our own custom and border patrol agents who assured him he would be fine as...
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79
Dec 15, 2012
12/12
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schools from u.s. workforces together that is a skills compact i think the country could easily get behind and support. and so i think that is highly important as we think of the skills issue going forward. and i think some of the issues i heard talked about before are critical to that as well. what are we doing in the pipeline? what are we doing from the earliest ages to make sure underrepresented groups are taking to science? why do we have the dropoff at middle school around young women? what are our long-term strategies? so we have to attack this on all silledders we have to have an all the above strategy. butwhile we're doing the long-term strategy to have a greater supply of stem workers and high skilled workers we should not take our eye off what queck dot do in the short terms. one of the most powerful was the idea that you could have a significant effect on the number of workers we have if you just ensured that you had a higher graduation rate among those who declared a stem major in their fre
schools from u.s. workforces together that is a skills compact i think the country could easily get behind and support. and so i think that is highly important as we think of the skills issue going forward. and i think some of the issues i heard talked about before are critical to that as well. what are we doing in the pipeline? what are we doing from the earliest ages to make sure underrepresented groups are taking to science? why do we have the dropoff at middle school around young women?...
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175
Dec 9, 2012
12/12
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eye 175
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if all the sudden u.s. treasuries were downgraded, wouldn't that have a pretty significant the fact on where we are relative to the avalanche? >> if there is downgraded treasury debt, this would likely trigger other downgrades. bank debt, they will get downgraded. jpmorgans of the world. money managers have in their relationship with their clients agreements not to invest in bonds that have rates below a certain grade. they will have to divest themselves because of the downgrades. this will cause problems in the credit markets. the credit markets will ultimately adjust. the reality has not changed. you will see hedge funds and private equity firms, but that is the process. it will take time. between now and then, it will create a greater amount of turmoil. it is what this means. it means that we do not have the political will to nail this thing down. and we will not. people will recognize that and we will go nowhere. >> if you want to preserve the entitlement, get us to balance. >> get us to sustainability.
if all the sudden u.s. treasuries were downgraded, wouldn't that have a pretty significant the fact on where we are relative to the avalanche? >> if there is downgraded treasury debt, this would likely trigger other downgrades. bank debt, they will get downgraded. jpmorgans of the world. money managers have in their relationship with their clients agreements not to invest in bonds that have rates below a certain grade. they will have to divest themselves because of the downgrades. this...
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Dec 18, 2012
12/12
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WBAL
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. >>> a federal judge has refused to ban u.s. sales of three samsung smart phones even though a jury decided in august that the models made illegal use of some apple technology. that jury did order samsung to pay apple more than a billion dollars. however, the judge said monday that apple's demands to ban the phones was too broad of a punishpunis punishment and that doing so would harm the public. >>> the u.s. government has fined toyota a record $17 pn.4 million for failing to quickly report a safety problem and delaying a recall. toyota has agreed to pay the penalty without admitting that it broke any laws. the fine stems if a june recall of lexus suvs because the drivers side floor mats can trap the gas medal. it is the fourth fine against toyota in the past two years for similar infractions. >>> hasbro will start marketing a gender neutral version of its popular easy bake oven and use boys in the ads for the toy. a new jersey girl -- yes, a girl, she gathered signatures in her online petition, urging hasbro to make the change
. >>> a federal judge has refused to ban u.s. sales of three samsung smart phones even though a jury decided in august that the models made illegal use of some apple technology. that jury did order samsung to pay apple more than a billion dollars. however, the judge said monday that apple's demands to ban the phones was too broad of a punishpunis punishment and that doing so would harm the public. >>> the u.s. government has fined toyota a record $17 pn.4 million for failing...
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Dec 27, 2012
12/12
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CSPAN
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eye 81
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host: if the u.s. government and american taxpayers go over the so called "fiscal cliff" what do you foresee for? the for? guest: the fiscal cliff is going to shave off about 4% of gdp, so that the national economic growth. currently is growing about 2%. you can do very simple mathematics. and we are back in a recession. we can anticipate 1 million or 2 million net job losses in 2013. it will be difficult for the housing market to continue its momentum without jobs. so we hope that this cliff can be averted. host: when you look at negotiations going on in washington, does your association have a favorable path towards achieving the fiscal cliff? guest: a $1 trillion budget deficit we have been running annually, that is unsustainable. something needs to be addressed. the shrinking of the time. we have, one has to get something done quickly and then a grand bargain as to get done in the springtime to fundamentally address the long- term budget deficit. but after get over the short- term obstacle. we're n
host: if the u.s. government and american taxpayers go over the so called "fiscal cliff" what do you foresee for? the for? guest: the fiscal cliff is going to shave off about 4% of gdp, so that the national economic growth. currently is growing about 2%. you can do very simple mathematics. and we are back in a recession. we can anticipate 1 million or 2 million net job losses in 2013. it will be difficult for the housing market to continue its momentum without jobs. so we hope that...
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Dec 14, 2012
12/12
by
COM
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. >> today the u.s. air force launched a top secret they call it unmanned spacecraft. kind of like a space drone. officials aren't saying much of anything about this thing, but the experts say it's likely testing out new equipment for spying. >> jon: yeah, guess what -- [whispers] not working. i'm not especially worried about north korea. we all know when the world ends, it will be an asteroid that does us in. on that score we're totally safe. >> close encounter of the asteroid kind. two asteroids buzzed earth, one of them passing inside the moon's orbit. nasa says the 120-foot wide rock came within about 140,000 miles of our planet. this is the scary part, no one knew this asteroid was coming until a couple days ago. kind of snuck up on us. >> jon: snuck up on us? [laughter] it's not a puma. it's a giant [bleeped] rock hurdling through space. can we not see anything coming our way? how is it we've got this massive spy satellite homeland security apparatus and apparently the only thing we've gathered reliable footage of is what every single airline passenger looks like
. >> today the u.s. air force launched a top secret they call it unmanned spacecraft. kind of like a space drone. officials aren't saying much of anything about this thing, but the experts say it's likely testing out new equipment for spying. >> jon: yeah, guess what -- [whispers] not working. i'm not especially worried about north korea. we all know when the world ends, it will be an asteroid that does us in. on that score we're totally safe. >> close encounter of the...
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Dec 11, 2012
12/12
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CSPAN
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eye 124
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and the u.s. which illustrate not so much the differences of policy response that we have engaged in because in many ways they're similar but illustrate differences in the nature of the economies and the problems thrown up by the crisis. the first difference is simply the size of the banking system. on the eve of the financial crisis, the total assets of banks in the u.s. barely touched 100% of annual gdp. in the u.k., the assets for over 500% of gdp. almost at levels of switzerland and ireland if not the heady heights of iceland but nevertheless, the consequence of that is the impact on the public finances of the need to recapitalize our banks and deal with the consequences of the banking crisis were more severe and secondly, and this is perhaps the most important part, the impetus from the leveraging of our banking system for more heavily on the willingness of our banking system to supply credit to the domestic economy. a serious engaging in attempt in the u.k. and internationally to rid the wor
and the u.s. which illustrate not so much the differences of policy response that we have engaged in because in many ways they're similar but illustrate differences in the nature of the economies and the problems thrown up by the crisis. the first difference is simply the size of the banking system. on the eve of the financial crisis, the total assets of banks in the u.s. barely touched 100% of annual gdp. in the u.k., the assets for over 500% of gdp. almost at levels of switzerland and ireland...
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Dec 10, 2012
12/12
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CSPAN
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eye 105
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i was trying to find out where our u.s. postal service is going or how if congress will help us out so our jobs will continue for those that are still working there. we haven't received a cost-of- living raise in the past three years and i was concerned about that. guest: the postal service is unusual. they are funding with the stamps that we buy. congress has put in some money. that's not affected by the sequestration talks. host: this comes from twitter. guest: i do not think anything is by design. these things in some cases go back 100 and 150 years. virginia 14 president obama this year -- the virginia this time 14 president obama. i do not think that is anything by design. california gets a lot of defense dollars. he doesn't like it either, carl levin. levin is part of -- he and john mccain did not like this and are looking for ways to avoid it. the debate is between the house republicans and the president. the senate is along for the ride. host: we showed a picture of buck mckeon, republican of california. does he hav
i was trying to find out where our u.s. postal service is going or how if congress will help us out so our jobs will continue for those that are still working there. we haven't received a cost-of- living raise in the past three years and i was concerned about that. guest: the postal service is unusual. they are funding with the stamps that we buy. congress has put in some money. that's not affected by the sequestration talks. host: this comes from twitter. guest: i do not think anything is by...
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Dec 7, 2012
12/12
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CSPAN
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the u.s. that's live at 7:00 p.m. eastern on c-span. >> i think riders institute is something that's important within the culture. we are a culture of words of voices. words are key to our imagination, our capacity to envision things. we ourselves are not completely tied to print on the page of writing but i think that there is no other art form so readily accessible other than perhaps film. but there is something in literature that cap chures the hunal spirit. >> this weekend join book tv as we look tpwhind scenes at the literary life of new york's capital city albany. >> senators from new york and new jersey say hurricane sandy caused $5 billion worth of damage to rail subway and port infrastructure in their state. they testified on surface transportation yesterday. >> i call this hearing to order. thank you for joining us, mr. secretary. i asked you to testify today because i'm deeply concerned about the recent report that the f.h.a. could potentially need taxpayer support for the first tim
the u.s. that's live at 7:00 p.m. eastern on c-span. >> i think riders institute is something that's important within the culture. we are a culture of words of voices. words are key to our imagination, our capacity to envision things. we ourselves are not completely tied to print on the page of writing but i think that there is no other art form so readily accessible other than perhaps film. but there is something in literature that cap chures the hunal spirit. >> this weekend join...
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Dec 8, 2012
12/12
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CSPAN
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eye 112
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we talk about this u.s. economy as if it's one thing. we have 10 u.s. economies, or 20 or maybe 50, there are all sorts of different things. depends on what field you're in, where you are. there's no doubt at all that there are a lot of people that want nothing to do with being unemployed. they want to get back in the work force. it is absolutely true that companies are, many companies are just not hiring because they're waiting for two things. they're waiting for clarity out of washington about the fiscal cliff. and they're also waiting for demand to go up. they need to share more stuff before they're going to hire people and that's why they're not. this is a problem for a lot of people. it is hard to get back in the labor force when you've been laid off as a baby boomer. it's worth pointing out to also get into the labor force if you're 25 or younger. even if you're a college grad. the unemployment rate among young people is the highest among any age group and unemployment is fairly low among baby boomers. that's largely because many of them have held
we talk about this u.s. economy as if it's one thing. we have 10 u.s. economies, or 20 or maybe 50, there are all sorts of different things. depends on what field you're in, where you are. there's no doubt at all that there are a lot of people that want nothing to do with being unemployed. they want to get back in the work force. it is absolutely true that companies are, many companies are just not hiring because they're waiting for two things. they're waiting for clarity out of washington...
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Dec 16, 2012
12/12
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CSPAN
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the u.s. capitol, over the white house, and in many locations across the country are at half staff today because of friday's school shooting in newtown, conn.. the nation's newspapers are full of details about what happened on friday. we would like to hear from you your opinions on how america can prevent mass shootings. is it the role of government or society to stop them? here are the numbers to call. for republicans, 202-585-3881. for democrats, 202-585-3880. for independents, 202-585-3882. you can also find us online. send us a tweet, twitter.com/c- spanwj. or join the conversation on facebook by looking for c-span and weighing in. you can also e mail us, journal@c-span.org. here is the first page -- front page of "the hartford current" this morning. "day of grieving." the top headline, along with a list of the victims. the employees, all women. the children, all around the age of 67. this is "the sunday bulletin." "residents gather to find comfort and pray." national newspapers also diggi
the u.s. capitol, over the white house, and in many locations across the country are at half staff today because of friday's school shooting in newtown, conn.. the nation's newspapers are full of details about what happened on friday. we would like to hear from you your opinions on how america can prevent mass shootings. is it the role of government or society to stop them? here are the numbers to call. for republicans, 202-585-3881. for democrats, 202-585-3880. for independents, 202-585-3882....
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Dec 23, 2012
12/12
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CSPAN2
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eye 98
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number is 6 trillion, even though the european economies as a whole are about the same size as the u.s. which you call bonded debt, or come in a skit involved in commercial paper, bonds and other sources. five chilliness country, only one in europe. that means europe is top-heavy with banks. but that means is if you're a small company and you start to grow, you don't have the capital industry we have. you don't have the diverse sources of capital here. sue eventually give forest to become part of a big company. so you don't get the microsoft and apple on the scale we get in this country. so you look the 1970s. terrible decade. microsoft, apple, oracle, charles schwab, southwest airlines, fedex and others. a capital system can nurture them, get them to grow and be independent companies of the future. so again, europe is a 2%, weaker at 3.5 even though it had the largest economy we have the capital markets to adjust and if government ends of messing up the markets as it does when it trashes the dollar, you get new instruments to come in that deal with it and try to make money off of it.
number is 6 trillion, even though the european economies as a whole are about the same size as the u.s. which you call bonded debt, or come in a skit involved in commercial paper, bonds and other sources. five chilliness country, only one in europe. that means europe is top-heavy with banks. but that means is if you're a small company and you start to grow, you don't have the capital industry we have. you don't have the diverse sources of capital here. sue eventually give forest to become part...
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99
Dec 13, 2012
12/12
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CSPAN
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eye 99
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the u.s. house of representatives committee on foreign affairs will hold a hearing on thursday, december 20 on the benghazi attacke. secretary clinton will be testifying. c-span will cover this on thursday at 1:00 p.m. eastern time. c-span cameras will be there. front page of the national journal this morning -- on tuesday he delivered the gop talking points about the need for more spending cuts as part of any deal, while downplaying the role of raising income-tax rates on wealthier earners, which the white house trumpets often. boosting rates on the rich, he said, would provide enough money to run the government for eight days. that has nothing to do with spending, getting spending in line. other than performing requisite task, mitch mcconnell has not emerged as a huge presence in the ongoing fiscal cliff narrative. that is a change from past budget and tax deals where his finger prints were evident, a fact that could affect the final outcome or subtlety of the deal. that the national journal
the u.s. house of representatives committee on foreign affairs will hold a hearing on thursday, december 20 on the benghazi attacke. secretary clinton will be testifying. c-span will cover this on thursday at 1:00 p.m. eastern time. c-span cameras will be there. front page of the national journal this morning -- on tuesday he delivered the gop talking points about the need for more spending cuts as part of any deal, while downplaying the role of raising income-tax rates on wealthier earners,...
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166
Dec 8, 2012
12/12
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KQEH
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eye 166
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u.s. and british regulators still have to approve the deal. two years ago google offered six billion to buy daily deal website group-on before it went public. group-on's market value is half that tonight and bloomberg reports there's take-over speculation. the stock jumped 23% today. volume more than doubled. some of the buying also could be from traders who sold short the stock to profit as it was falling. four of the top five most actively traded exchange traded products were higher. the lone hold-out was the nasdaq 100 tracking fund, which includes apple. the fund was down 0.06%. and that's tonight's "market focus." tall tom dow growth is one reason tonight's market monitor thinks the economy will pick up speed next year and so will stocks. mark luschini back with us at janney montgomery scott. the job market we saw today improving in the last month but still slow, do you think it's going to pick up the pace of that improvement next year and why. >> well we do, tom. the fact of the matter is we've been seeing steady spectacular job growth f
u.s. and british regulators still have to approve the deal. two years ago google offered six billion to buy daily deal website group-on before it went public. group-on's market value is half that tonight and bloomberg reports there's take-over speculation. the stock jumped 23% today. volume more than doubled. some of the buying also could be from traders who sold short the stock to profit as it was falling. four of the top five most actively traded exchange traded products were higher. the lone...
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101
Dec 11, 2012
12/12
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CSPAN
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eye 101
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the u.s., 34% have one adl limitation. we looked at all the states and to apportion their of their people over age 60 and compared it to the national standard 34%. and so, obviously some states are going to have the low 34 percent and some will the way higher. if you look at the very dark space and the central part of the country, which includes kentucky, alabama, west virginia, those are the states that if you recruited -- include a limitation on adl, they have a very large population that falls into that category. the lightly colored states -- nevada,, roddick, minnesota, some of the others -- those states have basically a much healthier population over age 60. they have a much lower percentage of people over age 60 that have at least one limitation on their ability to continue independent living. if you wanted to move toward a full beneficiary equity, you would want to incorporate cost factors, and some of the key factors would be things like wages, food, the program provides meals to older
the u.s., 34% have one adl limitation. we looked at all the states and to apportion their of their people over age 60 and compared it to the national standard 34%. and so, obviously some states are going to have the low 34 percent and some will the way higher. if you look at the very dark space and the central part of the country, which includes kentucky, alabama, west virginia, those are the states that if you recruited -- include a limitation on adl, they have a very large population that...
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106
Dec 6, 2012
12/12
by
CSPAN
tv
eye 106
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they can delay paying u.s. taxes on that indefinitely. but the money comes from the rent, as so-called passive income, they have to pay taxes on that immediately. this provision says if your a bank, duquesne the late paying your taxes. it is going to be considered active income. -- you can be late paying your taxes. it is going to be considered active income. it is quite valuable to them. it is kind of a gray area. in 1986 when they did big tax reform, they said that is active and come and we should tax that money -- income and we should ta money. host: we have been talking with sam goldfarb from cq roll call. thank you very much. open phones. if you like to have a comment about anything we discussed this morning, any public policy issue that you like to bring up, you can see the numbers on the screen/political affiliation. republicans, democrats, and independents. send your tweets and e-mials as mails as well. >> , 9:31 a.m.. jobless numbers in this hour so the numbers of people seeking aid dropped sharply last week. weekly applications
they can delay paying u.s. taxes on that indefinitely. but the money comes from the rent, as so-called passive income, they have to pay taxes on that immediately. this provision says if your a bank, duquesne the late paying your taxes. it is going to be considered active income. -- you can be late paying your taxes. it is going to be considered active income. it is quite valuable to them. it is kind of a gray area. in 1986 when they did big tax reform, they said that is active and come and we...
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107
Dec 7, 2012
12/12
by
CSPAN
tv
eye 107
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if all the sudden u.s. treasuries were downgraded, wouldn't that have a pretty significant the fact on where we are relative to the avalanche? >> if there is downgraded treasury debt, this would likely trigger other downgrades. bank debt, they will get downgraded. jpmorgans of the world. money managers have in their relationship with their clients agreements not to invest in bonds that have rates below a certain grade. they will have to divest themselves because of the downgrades. this will cause problems in the credit markets. the credit markets will ultimately adjust. the reality has not changed. you will see hedge funds and private equity firms, but that is the process. it will take time. between now and then, it will create a greater amount of turmoil. it is what this means. it means that we do not have the political will to nail this thing down. and we will not. people will recognize that and we will go nowhere. >> if you want to preserve the entitlement, get us to balance. >> get us to sustainability.
if all the sudden u.s. treasuries were downgraded, wouldn't that have a pretty significant the fact on where we are relative to the avalanche? >> if there is downgraded treasury debt, this would likely trigger other downgrades. bank debt, they will get downgraded. jpmorgans of the world. money managers have in their relationship with their clients agreements not to invest in bonds that have rates below a certain grade. they will have to divest themselves because of the downgrades. this...
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108
Dec 20, 2012
12/12
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CSPAN
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eye 108
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adoptions of russian children is a legitimate response to a new u.s. law that calls for sanctions on russians deemed to be human rights violators. but he has not committed to signing it. he said while the majority of americans to adopt russian children are "kind and honorable," protection for abuse of victims is insufficient. the bill faces more steps before it can reach the president of russia for this signature. three senators have written to the head of sony pictures, criticizing the movie "zero dark thirty" as grossly inadequate and misleading. it suggests that torture produced the tip that led to bin laden. the senate intelligence committee chairman dianne feinstein and and others say the summit president has an obligation to say that portrait in the hunt for bin laden was a fiction and not based on fact. the lawmakers say the cia detainee who provided significant information about bin laden did so before any harsh interrogation. congress is hearing about a state department report on the september 11 attacks on the u.s. consulate in benghazi, liby
adoptions of russian children is a legitimate response to a new u.s. law that calls for sanctions on russians deemed to be human rights violators. but he has not committed to signing it. he said while the majority of americans to adopt russian children are "kind and honorable," protection for abuse of victims is insufficient. the bill faces more steps before it can reach the president of russia for this signature. three senators have written to the head of sony pictures, criticizing...
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72
Dec 5, 2012
12/12
by
KQED
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eye 72
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if that momentum continues, the u.s. might deliver on that prediction last month from the international energy agency, calling for the u.s. to surpass saudi arabia as the world's largest oil producer by 2020. here's one good thing to come from the destruction of hurricane sandy-- verizon customers will be getting faster, and more, telecom services. the company said today it is replacing damaged copper wires with fiber optic cable. that upgrade from older, slower copper allows verizon to offer more digital services, including bundling phone, internet and cable tv. and it means an increase in revenues for verizon. tom, that was the message from verizon's c.e.o., speaking at an investor conference today. but it didn't do much for the stock. verizon shares fell, like many of its fellow dow components trading here on the big board. >> tom: let's get going with tonight's "market focus." with no big economic data for cues, stocks finished a lackluster day in negative territory. the s&p 500 struggled to find a clear direction an
if that momentum continues, the u.s. might deliver on that prediction last month from the international energy agency, calling for the u.s. to surpass saudi arabia as the world's largest oil producer by 2020. here's one good thing to come from the destruction of hurricane sandy-- verizon customers will be getting faster, and more, telecom services. the company said today it is replacing damaged copper wires with fiber optic cable. that upgrade from older, slower copper allows verizon to offer...